MASTERCARD INCORPORATED

Ticker: MA CUSIP: 57636Q104 Class: Common Stock

Telos Capital Management, Inc.'s Holding History (CIK: 0001567889)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 23,736 Value ($000) $13,550 Avg Close $558.95 Range $524.70 - $585.31

Q3 2025

Shares 24,127 Value ($000) $13,724 Avg Close $573.47 Range $545.13 - $600.98

Q2 2025

Shares 24,293 Value ($000) $13,651 Avg Close $551.47 Range $463.61 - $593.12

Q1 2025

Shares 24,276 Value ($000) $13,306 Avg Close $542.01 Range $497.80 - $579.76

Q4 2024

Shares 24,430 Value ($000) $12,864 Avg Close $514.68 Range $486.24 - $534.63

Q3 2024

Shares 25,060 Value ($000) $12,375 Avg Close $461.72 Range $425.84 - $498.27

Q2 2024

Shares 25,955 Value ($000) $11,450 Avg Close $451.62 Range $433.19 - $478.53

Q1 2024

Shares 25,133 Value ($000) $12,103 Avg Close $452.59 Range $412.22 - $485.16

Q4 2023

Shares 22,430 Value ($000) $9,567 Avg Close $397.11 Range $355.66 - $423.46

Q3 2023

Shares 22,460 Value ($000) $8,892 Avg Close $396.22 Range $381.45 - $413.22

Q2 2023

Shares 22,463 Value ($000) $8,835 Avg Close $369.85 Range $350.88 - $389.52

Q1 2023

Shares 22,516 Value ($000) $8,183 Avg Close $357.45 Range $334.82 - $383.83

Q4 2022

Shares 25,580 Value ($000) $8,895 Avg Close $323.40 Range $272.05 - $362.83

Q3 2022

Shares 24,854 Value ($000) $7,067 Avg Close $325.17 Range $276.34 - $355.07

Q2 2022

Shares 24,406 Value ($000) $7,700 Avg Close $337.29 Range $297.42 - $374.14

Q1 2022

Shares 25,032 Value ($000) $8,946 Avg Close $351.61 Range $298.93 - $391.17

Q4 2021

Shares 25,202 Value ($000) $9,056 Avg Close $337.80 Range $298.92 - $362.54

Q3 2021

Shares 24,010 Value ($000) $8,348 Avg Close $354.74 Range $327.44 - $385.64

Q2 2021

Shares 24,010 Value ($000) $8,766 Avg Close $362.28 Range $345.76 - $391.25

Q1 2021

Shares 25,810 Value ($000) $9,190 Avg Close $339.57 Range $304.04 - $379.11

Q4 2020

Shares 25,975 Value ($000) $9,272 Avg Close $323.35 Range $273.35 - $349.38

Q3 2020

Shares 27,880 Value ($000) $9,428 Avg Close $315.67 Range $280.27 - $356.58

Q2 2020

Shares 28,309 Value ($000) $8,371 Avg Close $273.34 Range $219.87 - $306.47

Q1 2020

Shares 24,415 Value ($000) $5,898 Avg Close $287.82 Range $193.62 - $336.19

Q4 2019

Shares 11,815 Value ($000) $3,528 Avg Close $272.58 Range $249.95 - $291.54

Q3 2019

Shares 2,130 Value ($000) $578 Avg Close $266.10 Range $245.19 - $283.62

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	23,736	$13,550	$558.95	$524.70 - $585.31
Q3 2025	24,127	$13,724	$573.47	$545.13 - $600.98
Q2 2025	24,293	$13,651	$551.47	$463.61 - $593.12
Q1 2025	24,276	$13,306	$542.01	$497.80 - $579.76
Q4 2024	24,430	$12,864	$514.68	$486.24 - $534.63
Q3 2024	25,060	$12,375	$461.72	$425.84 - $498.27
Q2 2024	25,955	$11,450	$451.62	$433.19 - $478.53
Q1 2024	25,133	$12,103	$452.59	$412.22 - $485.16
Q4 2023	22,430	$9,567	$397.11	$355.66 - $423.46
Q3 2023	22,460	$8,892	$396.22	$381.45 - $413.22
Q2 2023	22,463	$8,835	$369.85	$350.88 - $389.52
Q1 2023	22,516	$8,183	$357.45	$334.82 - $383.83
Q4 2022	25,580	$8,895	$323.40	$272.05 - $362.83
Q3 2022	24,854	$7,067	$325.17	$276.34 - $355.07
Q2 2022	24,406	$7,700	$337.29	$297.42 - $374.14
Q1 2022	25,032	$8,946	$351.61	$298.93 - $391.17
Q4 2021	25,202	$9,056	$337.80	$298.92 - $362.54
Q3 2021	24,010	$8,348	$354.74	$327.44 - $385.64
Q2 2021	24,010	$8,766	$362.28	$345.76 - $391.25
Q1 2021	25,810	$9,190	$339.57	$304.04 - $379.11
Q4 2020	25,975	$9,272	$323.35	$273.35 - $349.38
Q3 2020	27,880	$9,428	$315.67	$280.27 - $356.58
Q2 2020	28,309	$8,371	$273.34	$219.87 - $306.47
Q1 2020	24,415	$5,898	$287.82	$193.62 - $336.19
Q4 2019	11,815	$3,528	$272.58	$249.95 - $291.54
Q3 2019	2,130	$578	$266.10	$245.19 - $283.62